Hengan International Group Company Limited (Stock code: 1044) received approval from the National Association of Financial Market Institutional Investors for a debt financing instruments program not exceeding RMB7.5 billion. On 19 January 2026, the company issued its first tranche of super short-term commercial papers (SCP) in the amount of RMB1 billion, bearing a coupon rate of 1.72% per annum and maturing in 179 days.
Following the completion of this issuance, the remaining unissued amount stands at RMB3.8 billion. Proceeds from the SCP are intended to be used for repaying the company’s bank loans.
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